With Merv owning so many shares it would be almost impossible for an overseas company to gain control of GTG, so I think GTG still has the leverage when it comes to license negotiation.
The clever part of GTG's strategy (if they can properly pull it off) is that in addition to getting licensing fees they also seek to set-up JV's with the licensee's so they can make use of their technology. When licenses are granted to co's like Monsanta these JV's are potentially very valuable.
With Merv owning so many shares it would be almost impossible...
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